ComBank launches LankaPay cards in Sri Lanka

Sri Lanka’s payment cards domain took a giant leap today when the Commercial Bank of Ceylon in collaboration with LankaPay launched a national credit and debit card with international acceptance. This National Card Scheme is an initiative implemented by LankaPay in partnership JCB International Co. Ltd, the Japan-based international card, with over 150 million cardholders […]

‘s biography launched in Colombo

The biography of the late Editor of The Sunday Leader Lasantha Wickrematunge, Unbowed & Unafraid was launched today by his ex-wife Raine Wickrematunge, at an event held at the Sri Lanka Foundation Institute. The welcome address was delivered by Lasantha Wickrematunge’s niece, journalist Raisa Wickrematunge, followed by the keynote address by Peter D’ Almeida and […]

IMF Executive Board Approves USD3 Bn Under the Extended Fund Facility (EFF) Arrangement

The Executive Board of the International Monetary Fund (IMF) approved today a 48‑month extended arrangement under the Extended Fund Facility (EFF) with an amount of SDR 2.286 billion (395 percent of quota or about US$3 billion). Sri Lanka has been hit hard by a catastrophic economic and humanitarian crisis.The economy is facing significant challenges stemming […]

Ekva to energise Sri Lanka’s startups

Ekva LLC, a US company with strong Sri Lankan roots spearheaded by Amith Boteju, CEO will be in Sri Lanka to find promising startups in any industry for the company’s accelerator. “We aim to invest and guide promising startups to build sustainable businesses and raise funds. Selected startups will be offered an investment from Ekva […]

Eran urges Govt to disclose contents in IMF agreement

Even though the present government said no, the Samagi Jana Balawega emphasized from the beginning that this country needs some sort of agreement and financial assistance from the International Monetary Fund because it gives a signal to the international market that there is a financial discipline in the country paving the way for bilateral and […]

Opinion: HNB reiterates importance of developing a national savings culture

HNB Deputy General Manager – Retail and SME Banking, Sanjay Wijemanne As more Sri Lankans face concerns over their personal financial security, and that of the country, HNB is working to help raise awareness on the opportunities that every Sri Lankan can access, in order to develop their savings habits, and help drive an effective […]

SL raises Commonwealth of Nations Flag for Peace as collective commitment

On the occasion of Commonwealth Day, the Commonwealth of Nations Flag for Peace was raised on 13 March 2023 by State Minister of Foreign Affairs Tharaka Balasuriya with the participation of Secretary of the Ministry of Foreign Affairs Aruni Wijewardane and officials of the Ministry symbolizing Sri Lanka’s commitment to the shared values and principles of […]

SL welcomes UN agreement to protect high seas

Sri Lanka welcomes the conclusion of negotiations on a landmark agreement to enhance the international legal regime concerning the conservation of marine biological diversity in the High Seas which concluded on 4th March at the United Nations Headquarters, New York, Ministry of Foreign Affairs said in a statement released today.  The agreement covers almost two-thirds […]

Ekva to power Sri Lanka’s start-ups

A high-profile team from Ekva LLC,a US company with strong Sri Lankan roots will launch their accelerator in mid-March in a bid to strengthen, support and grow local start-ups. Ekva/ එක්ව/ ஒன்றாக/ Together is a company with equal opportunity irrespective of language, colour, gender identity or persons differently-abled entrenched in their ethos. Their accelerator, uniquely […]

Engineering equity fireside chat by Virtusa

Virtusa, a global provider of digital strategy, digital engineering and IT services and solutions, will host the global Engineering Equity hackathon, to spur innovation in tech solutions that advance gender equity while nurturing female talent. Over 65,000 female students from 9 countries including Sri Lanka registered for the hybrid event, which offers built-in mentoring along […]

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